Calculate interchange revenue earned by card-issuing banks from payment card transactions, broken down by card tier (consumer, rewards, commercial), transaction type, and network (Visa, Mastercard, Amex).
Calculate interchange revenue earned by card-issuing banks from payment card transactions, broken down by card tier (consumer, rewards, commercial), transaction type, and network (Visa, Mastercard, Amex)
Each component has a specific meaning:
Note: Interpret the interchange revenue result against the thresholds and context described above.
Enter the payment card transactions, broken down by card tier (consumer, rewards, commercial), transaction type, network (Visa for the scenario you are assessing. Calculate interchange revenue earned by card-issuing banks from payment card transactions, broken down by card tier (consumer, rewards, commercial), transaction type, and network (Visa, Mastercard, Amex). Use the interchange revenue result to inform your calculation.